Five Points / Bloomingdale median real estate price is $132,389, which is less expensive than 82.3% of Indiana neighborhoods and 90.6% of all U.S. neighborhoods.
The average rental price in Five Points / Bloomingdale is currently $1,408, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.0% of Indiana neighborhoods.
Five Points / Bloomingdale is an urban neighborhood (based on population density) located in Fort Wayne, Indiana.
Five Points / Bloomingdale real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Five Points / Bloomingdale neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 7.2% in Five Points / Bloomingdale. NeighborhoodScout analysis shows that this rate is lower than 52.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Five Points / Bloomingdale neighborhood in Fort Wayne are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.6% of U.S. neighborhoods. With 21.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.3% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Five Points / Bloomingdale neighborhood, 32.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (27.6%), and 8.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Five Points / Bloomingdale neighborhood is English, spoken by 86.4% of households. Some people also speak Spanish (10.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Five Points / Bloomingdale neighborhood in Fort Wayne, IN, residents most commonly identify their ethnicity or ancestry as German (19.7%). There are also a number of people of Irish ancestry (8.1%), and residents who report Mexican roots (6.6%), and some of the residents are also of English ancestry (4.4%), along with some Puerto Rican ancestry residents (4.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Five Points / Bloomingdale neighborhood spend between 15 and 30 minutes commuting one-way to work (56.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.1%) and 5.7% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.